FinGrid is a United States-based startup founded in 2022, offering a revolutionary solution for online shops. With their slogan "Enabling online shops to accept instant bank-to-bank payments at checkout and cut down >80% on payment processing fees," FinGrid aims to streamline payment processing for online marketplaces. The company's innovative tools allow for the acceptance of instant bank-to-bank payments in real-time during customer checkouts, promising significant advantages. These include payment processing fees as low as 0.5%, a remarkable 98% fewer chargebacks with instant real-time bank connections, and same-day and next-day payouts/settlements. While there is no publicly disclosed information on their last investment or associated investors, FinGrid's disruptive approach to payment processing in the Financial Services and Payments industries makes it a promising contender in the evolving landscape of online transactions.
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